GEO Conference 2003
Dublin, Ireland

Speaker Biographies

We are pleased to present the speakers for the 2003 Conference in Dublin, Ireland. In many cases we have yet to receive the written biography from a particular speaker. We will continue to post bios as they are submitted by the conference speakers. They are:

Phil is the Senior Consultant, Employee Share Plans at Lloyds TSB Registrars with responsibility for a portfolio of major clients as well as a strategic business and product development role. He joined the Lloyds TSB group in 1979 and has worked in the branch network, electronic banking, personnel & training and finance departments before moving to Registrars in 1990. Phil is a founder member of the Share Schemes Advanced Studies Group and President of the WECC.

John Bagdonas is the Product Manager for EquiServe’s Employee Stock Plan Services, where he is responsible for defining the strategic direction, product set, and service offerings for both domestic and international stock option and stock purchase plans. He has been with the organization since 1985, and prior to his current responsibilities, he was head of the Client Services Group where he managed all aspects of relationship development and sales support for EquiServe’s Stock Plan clients. Previously, John headed the Stock Surveillance and Corporate Actions departments, where he began his career at EquiServe.

John serves on the Advisory Board of Santa Clara University’s Certified Equity Professional Institute (CEPI), and is Chair of the Board’s Certification Committee. He is a member of the National Association of Stock Plan Professionals (NASPP), the Global Equity Organization (GEO). John is also a Certified Cash Manager (CCM) and a member of the Association for Financial Professionals (AFP). He earned his Bachelor of Science degree in Engineering from Rensselaer Polytechnic Institute, and received an M.B.A. in Finance from Adelphi University.

David is a senior communication consultant at PricewaterhouseCoopers. His projects typically relate to post-M&A integration and culture change in multi-national organisations, including development and implementation of communication and internal branding strategies.

He has advised and supported organisations through downsizing, restructuring, and outsourcing, working with clients in consumer products, banking, pharmaceuticals and high technology industries and government agencies. He co-led an 18 month communication process for GlaxoSmithKline's TotalReward programme, which won the 2002 ProShare Award for "Most effective communication of an employee share plan" in the category of 10,000+ employees.

Michael Benkowitz, Associate Principal, iQuantic Buck Inc., advises clients primarily in the area of executive compensation and works with senior management and Boards of Directors to develop pay solutions that support business strategy. His expertise includes designing executive pay structures, short-term and long-term incentive programs, and broad-based equity strategies. In addition, he assists clients with the development of employment, change-of-control, and other retention arrangements.

Michael is an attorney and has helped clients with the analysis of securities, federal and local tax, and accounting issues related to executive compensation. Prior to joining iQuantic, he was a consultant with a major Human Resources consulting firm and focused on executive compensation and pay strategies in e-business organizations.

Michael has worked with a variety of clients in manufacturing, retail, professional services, utilities, financial services, healthcare, and high technology organizations. These clients have ranged from small family-owned and pre-IPO businesses to very large, public corporations

• J.D., University of Kansas
• B.A. in business administration in finance, University of Texas

Michael is a member of the Texas Bar and the National Association of Stock Plan Professionals. He has written articles concerning recent developments in tax law, innovative change-of-control design practices, and securities issues.

DSW is the leading shareholder association in Germany with more than 25000 members. She is an attorney having studied in France, Switzerland and the U.S.. Jella Benner-Heinacher joined DSW in 1991 and was appointed Managing Director in 1994.

She is primarily responsible for:

• International activities: Euroshareholders in Brussels, and European Corporate Governance Services (ECGS)
• Corporate Governance issues
• DSW’s participation in the legislation
• Speaking at Annual General Meetings such as Deutsche Telekom, Bayer, Metro and KarstadtQuelle

Jella Benner-Heinacher is also member of the Stock Exchange Board in Düsseldorf and member of the Take over Committee in Frankfurt. Besides she is member of the supervisory boards of TUI AG, Buderus AG, A.S. Creation AG, and the shareholders’committee of Aventis S.A..

He has represented a number of large employers in major transactions and in advisory work, including industrial disputes and employment-related litigation. In contentious matters, Oliver has advised on matters such as sex discrimination claims, race discrimination claims and mass unfair dismissal claims as well as several collective employment claims relating to both business transfers and mass redundancies.

In non-contentious matters, he has advised on drafting executive service agreements at the board level (including those for a FTSE top 10 company), the introduction of new terms and conditions of employment for large workforces, several large redundancy (RIF) programs, union derecognition/recognition matters and collective employment issues generally.

John Brouwer, Allen & Overy

John Brouwer is a partner at Allen & Overy specialising in tax and based in Amsterdam. Prior to joining Allen & Overy, he was a partner with the Benelux law firm Loeff Claeys Verbeke and worked in its New York office from 1997 to 1999. John focuses on tax planning for multinational business operations with an emphasis on international mergers and acquisitions, financial products, joint venture planning and inter-company transactions. He also chairs the Employee Incentives team which is experienced in advising on all aspects of employee share incentives and executive remuneration, including global share plans. John is admitted to the Amsterdam Bar, the International Bar Association and the International Fiscal Association. He is a member of the Taxation section of the American Bar Association and holds an LL.M. degree in taxation from New York University (1990). He frequently publishes and speaks on international tax topics.

Originally from the Leeds (UK) office, of Watson Wyatt, Caroline is currently based in the Boston office. She has worked with a broad spectrum of companies, including the Board of Directors of a number of UK FTSE 250 companies, as well as large private companies, start-ups, IPOs and joint ventures. Caroline has designed compensation programs for organizations with worldwide operations. She has assisted organizations in providing competitive local programs while operating within the guidelines and constraints of the parent company. She has worked with multi-national companies implementing global stock plans, both senior management and broad-based employee plans. She also has in-depth knowledge of European stock plan design and regulatory issues. Caroline is a qualified lawyer, an associate of the Pension Management Institute, and has a Masters in Industrial Relations from the London School of Economics. Her professional memberships include the National Association of Stock Plan Professionals and the Global Equity Organization, of which she is the Boston area chapter contact.

Tom joined UBS in 1999, assuming the role of Head of Technology & Communications, Global Compensation & Benefits. Under his leadership, the Zurich-based team developed a highly-acclaimed equity-based pay intranet and created a structured employee communication program that automated plan administration and helped increase employee plan participation globally.

In January 2002, he assumed the role of Head, Corporate Employee Financial Services(CEFS) Europe, the UBS plan administration services business serving multinational corporations and their employees. Tom brought an increased focus on employee communications and education delivery via the UBS global network to the already successful business. Prior to joining UBS, Tom held a variety of senior marketing and technology product management positions in the U.S. and was involved in the introduction of the XML standard, serving on the board of the Organisation for the Advancement of Structured Information Standards (OASIS). Tom is a member of GEO, NASPP and the Swiss-American Chamber of Commerce.

Ed Burmeister, Baker & McKenzie (US)

I have been a lawyer since 1973 and actively engaged for this 28-year period in equity compensation matters.

While at O’Melveny & Myers in Los Angeles and Gray, Cary, Ames & Frye (now Gray, Cary, Ware & Freidenrich) in San Diego, I was principally involved in employee stock ownership plans and executive compensation, including stock options on a domestic basis.

Shortly after joining Baker & McKenzie in San Francisco in 1988, I became involved in a large global ESOP project. At that point the global aspects of equity compensation caught my imagination and I have been focused on that ever since. At this point, I have assisted over 150 companies in implementing their equity programs on a global basis, including companies in the Fortune 10 as well as start-ups and recent IPO companies.

Me and my team here in San Francisco (currently 25 professionals) working with the global Baker & McKenzie offices, focus on all forms of global equity compensation, principally stock options and employee stock purchase plans, but also more "exotic" vehicles such as off-shore trusts, global profit sharing plans, etc.

My education was at Stanford (both undergraduate and law school) and I am currently a member of the Board of the Santa Clara Certified Equity Professionals Institute, the Advisory Board of the National Association of Stock Plan Professionals and also a member of the International Foundation of Employee Benefit Plans. Of course, I have been a member of GEO since its inception and have spoken at both Annual Conferences.

I am a frequent speaker and writer in the area of global compensation. Recently I published an article in WordatWork Journal entitled "The Top Ten Mistakes in Implementing a Global Stock Plan" (WorldatWork Journal, Second Quarter 2001, Volume 10, Number 2).

Although I am a U.S. lawyer, Baker & McKenzie is an international law firm, with approximately two-thirds of our lawyers being non-U.S. nationals in offices outside the United States. I believe that this gives me, as a professional in the area, a somewhat unique global perspective.

I believe that my 28 years of experience and my particular focus on the legal, tax and regulatory aspects of global equity programs will serve me well as a Board member of GEO. I certainly am excited about the organization and its future and would like to participate in its growth and development as a member of the Board.

Damian Carnell, Towers Perrin

Gillian became a partner in the employee incentives team in May 2001. She qualified in the frim’s corporate department and spent several years advising on all aspects of M&A transactions. Gillian now specialises in advising on the share plan aspects of corporate transactions and designing and implementing executive incentive and all-employee share plans, both in the UK and world-wide. She also advises on corporate governance. Gillian regularly speaks at seminars and conferences.

Richard is a Partner in Watson Wyatt's Human Capital Group and he has been a consultant specialising in remuneration and share ownership programmes for over 30 years with wide experience of advising Boards of Directors and Remuneration committees. He has been particularly involved in the development of share schemes and long-term incentives and was heavily involved in the drafting of the Employee Investment Bill in 1976. He designed the first Inland Revenue approved plan in 1979 and obtained significant, beneficial tax changes in the Finance Act 1984 to the legislation covering executive share option schemes and savings-related share option schemes. He was also involved in the development of employee and shareholder Corporate PEPs in the early 90s. He has wide experience of working on flotations and management buy-outs including Parker Pan, Caradon and Hays and indeed of the company he founded in 1975 after it was sold to a public company in the mid 80s. He is a member of Watson Wyatt's Client Futures Group and over the last two years he has led the team developing the new Watson Wyatt Present Economic Value share plan valuation methodology.

Bill Cohen has over fourteen years experience in the Compensation and Taxation areas. He is a partner at Deloitte & Touche in the Employer Solutions practice.

Bill has wide experience in advising companies in the structuring and implementation of remuneration strategies and, in particular, equity participation plans. In addition, Bill has considerable experience in the specialist area of global equity incentive programs.

Bill has written numerous articles dealing with compensation and tax issues which have been published in journals, newspapers and books. Bill has an LLB (Hons) from Nottingham University. He is also qualified as both a barrister and a solicitor. He is a scholar and prizewinner of Lincoln’s Inn. Bill is secretary to the Society of Share Scheme Practitioners.

John Conroy (43) is Chief Executive of Merrion Capital Group, a Dublin–based stockbroking and corporate finance company, in which New York based investment house, Allen & Co Inc, has a 30% stake.

In the 1990s, Mr Conroy was consistently ranked Ireland’s leading industrial analyst in Finance Magazine surveys before becoming Head of Equities and Deputy Managing Director of NCB Group, another leading Irish stockbroking firm. In 1999, he and other colleagues left NCB to set up Merrion Capital and, despite its relative youth, Merrion is now one of the leading players in its field in Ireland.

Mr Conroy joined the Board of eircom in December 2001, as one of two representatives of the eircom ESOT, the employer group which owns 29.9% of eircom.

Janet Cooper, Linklaters

Janet has been a partner since 1991 and heads the global employee incentives team of around 70 lawyers. She has been involved in all aspects of international employee and executive share plans, including design and implementation, and advising on the implications for share plans of corporate transactions like takeovers and demergers. She also advises on corporate governance issues. She has worked on innovative incentives for new technology businesses and led the team which developed Blue Flag ESP, the firm’s online legal database for employee share plans. She is a director of the Global Equity Organisation and the Employee Share Ownership Centre, a committee member of the Share Schemes Lawyers Group and co-founder member of the Share Schemes Advanced Studies Group. She is also a member of the Recuitment society and the Institute of Business Ethics (IBE). She has published a book, “Directors’ Remuneration” with Tolley’s and has written many articles and spoken at conferences around the world.

Ms. Diamond has also assisted clients in meeting international compliance obligations relating to the repricing of options and option exchange programs, the creation of data privacy waivers, the grant of stock options to expatriates and the issuance of restricted stock. Ms. Diamond is chairman of the 2001 Fall Conference committee for the Western Pension & Benefits Conference. She is a member of the National Association of Stock Plan Professionals and the Global Equity Organization.

Ms. Diamond is a frequent speaker on international equity issues. Recent publications on equity topics include an article for Workspan magazine entitled, "Navigating Stock Options in Europe: Steering Clear of Tax and Legal Pitfalls." Ms. Diamond received her J.D. in 1993 from the University of San Francisco School of Law where she received the Dean’s Award for highest grade point average in her class and was a Comment’s Editor for USF Law Review. She has an M.A. and B.A. in history from California State University, Sacramento. Ms. Diamond is admitted to practice in California.

Lindsey is the European Coordinator, and Local Coordinator for the UK and Channel Islands Chapter, of GEO.

In March this year, she joined BP p.l.c. as Legal & Communications Manager in the Pensions Department, based in London.

Prior to joining the corporate world, she was a Partner in Watson Wyatt LLP’s Human Capital Group, specializing in executive compensation consulting, but in particular in the design, communication and implementation of UK and international cash and share plans. Before moving into remuneration consultancy in 1996, Lindsey was a share plan and pensions solicitor with Linklaters. She has a law degree from Oxford University.

Mr. Doyle’s practice features the representation of clients in global and U.S. employment law, personal data privacy and workplace privacy matters. Mr. Doyle has advised numerous employers on the nuances of local laws concerning privacy matters and drafting document, personal information and workplace privacy policies. He has advised on U.S. and international stock compensation, executive compensation and employee benefit issues arising in mergers and acquisitions, loans, reorganizations and other business transactions.

Brian Duncan is a worldwide partner with Mercer Human Resource Consulting and Head of the Mercer Human Capital Practice in Ireland.

Brian is a Fellow of the Institute of Actuaries; prior to joining Mercer he served as chief executive for Irish Life – Ireland and as chief executive of Voluntary Health Insurance (VHI), the state owned private health insurer. He also served as chairperson of a number of professional and industry bodies, including the Irish Association of Pension Funds, Society of Actuaries in Ireland, Irish Insurance Federation and as president of the Dublin Chamber of Commerce. He is the current chairperson of Combat Poverty, the agency which advises the Irish government on issues of poverty and social inclusion.

Brian advises a range of Irish and multinational clients on all areas of remuneration, including employee share schemes and share options.

Some of the companies to which Mr. Dunn acts as a global compensation advisor include Cisco Systems, IBM, Worldcom, Lucent, Tyco, Philip Morris, and Ford, among many others.

Mr. Dunn has a master’s degree in taxation from the American University, Washington, D.C. and a bachelor's degree from the University of Maryland, College Park, MD. He is a Certified Public Accountant.

Mr. Dunn has published articles in numerous technical and human resource publications and is often quoted in tax matters, appearing in both print and broadcast tax features. He has been quoted in a variety of business publications as well as general interest publications such as The Wall Street Journal, Washington Post, New York Times, USA Today, Time and Newsweek among many others. Finally, Mr. Dunn has instructed at Georgetown and American University and has appeared on a variety of technical and industry video programs.

George Dzuro practices corporate/commercial and securities law at the law firm of Koskie Minsky in Toronto, Ontario. Through his practice, George advises pension and other funds, labour-sponsored venture funds and other mutual funds, trade unions, employee associations and ESOPs, entrepreneurs and charitable and professional organizations. George is a director of The ESOP Association and annually participates as a seminar instructor for corporate and commercial law at the Bar Admission Course offered annually by The Law Society of Upper Canada. George has also spoken on several occasions on ESOPs and other corporate/commercial law topics.

Paul Ellerman, Herbert Smith (UK)

Paul Ellerman is a partner in the share schemes group at international law firm Herbert Smith. He has established a wide range of schemes for a large number of listed and unlisted companies. In addition, he has worked on many takeovers, flotations, demergers and schemes of arrangement. He has also been at the forefront of the development of international share schemes, helping to establish various types of share incentive arrangements in numerous countries worldwide. He is also a regular speaker at conferences on share scheme issues.

Jill is the Corporate Business Manager at Yorkshire Building Society. Jill’s team specialises in Share Incentive Plan and Sharesave project management. This comprises of effective plan design, communication, implementation and ongoing administration. Jill’s team has consistently introduced innovative service enhancements to the market place.

Jill brings over 15 years share plan knowledge and has been involved with hundreds of share plans, advising, planning and launching. Many of the share plans have been winners of ProShare awards.

Recently, she implemented self-service application channels via an integrated web and telephone system for use on a global scale.

Stephen W. Fackler is a partner in Simpson Thacher & Bartlett’s Executive Compensation and Employee Benefits practice. He is resident in the firm’s Palo Alto office. Mr. Fackler has an extensive nationwide practice advising businesses of all sizes -- from venture capital-backed start-ups to large multinational corporations -- regarding the design and implementation of their compensation and benefits plans. Recent projects have included incentive compensation for joint ventures and U.S. affiliates of foreign-based corporations, equity compensation for limited liability companies, innovative non-qualified deferred compensation programs, and restructuring of stock compensation awards following dramatic stock price volatility.

Mr. Fackler has written and spoken widely on compensation and benefits matters. Recent speeches include presentations to the National Center for Employee Ownership, the National Association of Stock Plan Professionals, the Center for Professional Education, the Global Equity Organization, the Western Pension and Benefits Conference, the Foundation for Enterprise Development, Glasser Legal Works and the annual conferences for E*Trade Business Solutions and Transcentive. Mr. Fackler is the Chair of the Certification Council of the Certified Equity Professional Institute sponsored by Santa Clara University, the leading certification program for stock plan professionals. He also represents the Global Equity Organization.

From 1994 to 2001, Mr. Fackler was a partner at Cooley Godward LLP, where he was the Managing Partner of the Compensation and Benefits group. Prior to 1994, he was a partner at Gray Cary Ware & Freidenrich. Mr. Fackler received his J.D. from Stanford Law School in 1984. He also earned an Honours B.A. degree from Oxford University in 1981. He completed his undergraduate education at Harvard University, where he received an A.B. in History in 1979 and was elected to Phi Beta Kappa.

Peter Fahy, born 1967, Dublin, Ireland; educated at University College Dublin, Bachelor of Civil Law, graduated 1988; awarded Bank of Ireland Gold Medal (1987).

Admitted to practice in 1992. Worked with McCann FitzGerald, solicitors 1992 – 1999 and with Blake, Cassels and Graydon LLP (Canada) 1999 – 2000. Joined O’Donnell Sweeney in October 2000.

Peter heads the Pension and Employee Benefits Group in the firm. His work is focused primarily on pension schemes and share schemes.

He has acted as legal adviser to some of the largest pension and share schemes in Ireland. He has also advised a number of overseas companies on the implementation of employee benefit programs in Ireland.

He is also legal adviser to many Irish employee share ownership plans. He is the professional trustee director on the board of the TSB and ACC employee share ownership plans.

He has advised the Department of Finance on the drafting of legislation on unclaimed life assurance policies and also advises generally on financial services law and insurance regulatory issues.

Peter is a Council member of the Irish Pro-Share Association. He has also been an active member of the Association of Pension Lawyers in Ireland, and has presented papers to both that Association and to the Irish Association of Pension Funds.

Michael Farry,Compensation Specialist ,IONA Technologies . Michael is responsible for the day administration and administration of IONA's stock option and stock purchase plans.

Euan joined Linklaters as a trainee solicitor in April 2001 and for most of his time at Linklaters he has specialised in employee share plans. He previously worked in the Company Secretariat of an independent investment bank based in the City of London where he was responsible latterly for the administration of the company’s shares and option schemes. Euan qualified as a solicitor in April 2002, and is also a qualified Company Secretary.

Harshu Ghate, ESOPDirect (India)

ESOP Direct is India’s only Stock Plan Administration company. He and his team, being India’s largest Stock Plan designers, provide end to end Employees Stock Plan services to corporate customers.

Harshu is a Chartered Accountant and Company Secretary by qualification and co founder of ESOP Direct. He has extensive experience in designing Indian and US based Stock Plans. He has conceived and designed the web based Stock Plan administration application to suite Indian legal and taxation needs. Harshu has written several articles on Stock Options related contemporary issues. He is the member of the Committee set up by the Securities Exchange Board of India for reviewing the guidelines relating to Employee Stock Options.

Greg Gillas has been in this role for over 2 years specializing in equity related issues in mergers & acquisitions. He led the equity project team during the merger with Compaq, which dealt with issues related to the assumption of options and the employee stock purchase plan. Prior to joining hp, Greg worked for PricewaterhouseCoopers (PwC) in the employee benefits practice specializing in equity transactional support and pension related issues.

Greg is a Fellow of the Society of Actuaries (FSA) and has a Bachelor of Mathematics from Dickinson College.

Bob Grayson, Linklaters & Alliance (UK)

Bob is a senior solicitor in the employee incentives team. He qualified in 1989. Before specialising in employee share plans he worked for Linklaters in Hong Kong and Tokyo as an international finance lawyer. He has worked on all aspects of international and executive share plans and is now heavily involved in the creation and management of Linklaters’ Internet based share plan service, BLUE FLAG ESP. Bob speaks English, French and a little Japanese.

Judith Greaves, Pinsents (UK)

Since 1991 I have been a Partner within the Employee Share Schemes team of Pinsents, one of the leading UK law firms for employee equity incentives. On 1 May I became National Practice Head of Tax for Pinsents.

I have been involved in this area of practice for the past 15 years and am recognised by leading directories as an expert in this field. I contribute to the main UK loose leaf reference book "Employee Share Schemes" which is written by the Pinsents team and edited by fellow partner David Pett. I am also a member of the Share Schemes Lawyers Group, which meets on a regular basis to discuss developments and practical issues with representatives of the UK tax authorities, institutional investors and other organisations with an interest in this area.

Our team covers the full range of practice, from advising large listed companies (UK, US and elsewhere) on extending their share plans internationally to advising smaller privately owned companies and employee owned companies on structuring their equity incentives.

I spoke both at the GEO conference in Florida and in The Hague earlier this year. Pinsents is a founding corporate sponsor of GEO and a regular contributor to the GEO website.

Camelback Equity Consulting, LLC is a consulting and software development firm specializing in the field of equity compensation. Our team of regulatory and compliance experts guide clients in the valuation, reporting, creation and administration of compensation plans. Working in tandem with financial engineers and software developers, we have developed proprietary option valuation models and processes, and the company is the industry provider of comprehensive data on company option assumptions and dilution impacts. The company also conducts applied research to help create robust, state-of-the-art compliance software applications and analytical tools.

Ms. Harder is the firm’s Director of Consulting and Product Development. She has significant experience working directly with stock option plan administrators and software developers, and has led development projects for a variety of compliance, valuation and reporting systems. Currently she is focusing on product initiatives relating to the firm’s cutting-edge research on option valuation and disclosures. She holds a B.A. and law degree (J.D.) from the University of Wisconsin, and a Master of International Management degree (M.I.M) from Thunderbird, AGSIM. She is a member of the State Bar of Wisconsin.

Diane Hay is the Chief Executive of ProShare, a UK-based nonprofit organization that promotes responsible share based investment, including employee share ownership, primarily through education and research.

Prior to her role at ProShare, Diane was the Head of Share Schemes in the Inland Revenue, where she led the team which developed the Employee Share Ownership Plan - the most tax efficient all-employee share plan ever introduced in the UK - and the new Enterprise Management Incentives for small higher risk companies, both introduced in the Finance Act 2000. She raised the profile and promoted the take-up of employee share ownership through the innovative use of external advisers, focus groups and a nation-wide roadshow.

Before becoming her Share Schemes responsibilities, Diane held a number of other appointments within the Inland Revenue, including Deputy Director of the London Region and Assistant Director of the International Division. She has also been a New Business Adviser to WH Smith.

Daniel Hepburn, Clifford Chance

Daniel Hepburn is a senior lawyer in Clifford Chance's Employee Benefits Group in London specialising in share incentives. He has advised UK and international companies on the launch and operation of a wide range of share incentives (including executive option plans, sharesave plans and all employee free share plans) in the UK, Europe and worldwide. Daniel has particular experience in advising on the share plan implications of flotations, mergers, takeovers and other corporate transactions.

Currently Guy is managing the training function for the UK. He also has responsibility for several projects, the most notable of which is his role as Country Manager for the implementation of a Global Company Shares Scheme ‘BIB’Action’.

Guy is a Chartered Engineer, has a wife and two boys and spends idle moments dreaming of destinations for his third ‘Round the World’ holiday!

He is co-founder of the Share Schemes Advanced Studies Group which comprises the UK’s leading share scheme specialists from a range of disciplines (solicitors, accountants, registrars, benefit consultants, stockbrokers, ABI, ProShare, Inland Revenue and Government). He also chairs the Global Group, the UK focus group for larger multinationals with global share schemes.

Peter is married with two children, and he is a Freeman of the City of London and a member of the Reform Club. He is a reserve officer in the Royal Engineers, a qualified Yachtmaster Offshore and (like most of the staff at HAL) an Advanced Motorist. His preferred hobby is offshore sailing.

Michael Ingle specialises in share schemes and employment taxation and benefits. He coordinates the London office’s share schemes and benefits practice, working closely with colleagues in Baker & McKenzie offices in the United States, Europe and Asia.

Recent work includes advising on the implementation of share plans (and phantom share plans) for numerous UK, US and European multinationals and advising clients generally on the maintenance of their share and cash based incentive plans. He is also the London office specialist on employment tax issues and tax planning for expatriate employees and their employers.

He was admitted as a solicitor in 1981. He joined Baker & McKenzie London in 1985 and became a Partner in 1991.

He is a member of the Share Schemes Lawyers Group and ProShare. He has also published articles and is a frequent speaker at Conferences on employee benefits and compensation.

He graduated phi beta kappa, summa cum laude, from UCLA in 1976. He obtained his law degree from Loyola University School of Law. He then received a masters degree in international law from the University of Paris. He is a member of the California, New York and French Bar Associations. He has also passed the California CPA exam.

Dominic was admitted to the English Bar in 1987 and Paris Bar in 1992. Before joining Mourant he worked in private practice with Clifford Chance Paris and in investment banking as a Vice President of Morgan Stanley.

He speaks regularly on the topic of equity compensation administration at industry conferences around the world including those organized by the NASPP, GEO, NCEO, ABA, ProShare, Employee Share Ownership Centre and Canadian ESOP Association.

Alan Judes, Hewitt Bacon & Woodrow (UK)

Alan Judes is a Remuneration Consultant in the London office of Hewitt Bacon & Woodrow. He is a regular speaker at conferences in the UK and abroad and the taxation chapter author of a number of manuals on compensation practice and the author of Transactions: Share Incentives for Employees published by Longman in 1993. He is a committee member of The Society of Share Scheme Practitioners and a member of faculty for WorldatWork and the Institute of Personnel & Development, teaching on their Executive Remuneration programme. Alan's client portfolio includes a number of international companies such as Pearson plc and P&O which have extended their share incentive arrangements on a worldwide basis. His work includes the establishment of offshore trust arrangements for the funding and financing of these plans.

Hans Kothuis advises major local and multinational companies in Asia on the design and implementation of employee stock plans. In implementing such plans on behalf of clients in e.g. China, Hong Kong, Indonesia and Thailand, he has lobbied for equity-based compensation and participation to government authorities entrusted with the reform and governance of the capital markets in these countries. He speaks frequently on the role of employee stock plans in economic and capital market reform in Asia and on the importance of accounting, taxation, securities- and company law considerations on such plans.

Hans is a Principal Consultant in Watson Wyatt’s Hong Kong office, where he manages the Human Capital consulting practice and from where he leads the Firm’s executive-compensation consulting services in Asia. He has conducted courses on The Principles of Equity Compensation and published reports on Director Remuneration and Corporate Governance in Hong Kong, Incentive Compensation in Asia, and International Assignment Policies in Asia.

A native of The Netherlands, Hans holds degrees from the University of Louvain, Belgium and the Gregorian University in Rome, Italy (doctorate in Law, magna cum laude). He obtained a M.B.A. degree from Otago University in New Zealand and is a Certified Equity Professional from Santa Clara University in California. He is a contributing member of the Global Equity Organization, NASPP, NCEO, and World-at-Work.

Dr. Hartmut Krause, Allen & Overy

Dr. Hartmut Krause is a partner at Allen & Overy based in Frankfurt and admitted to practise as a German Rechtsanwalt and New York attorney-at-law. He has broad experience in a wide range of corporate transactions, advising German corporates and non-German investors on international mergers and acquisitions, takeover bids, and other restructurings. Hartmut is also experienced in advising on a wide range of corporate legal issues, including the setting-up of employee stock option plans for German companies, the roll-out of employee stock option plans into Germany for non-German companies, and the re-design of employee stock option plans in connection with flotations, mergers and acquisitions. He has published and lectured widely on corporate and securities law issues.

Daniel Kraut, The Business Solutions Group of E*TRADE Financial

Dan Kraut is General Manager of the Business Solutions Group of E*TRADE Financial, the market-leading provider of equity compensation products and services to companies, as well as investing, banking, and lending financial services to employees. Mr. Kraut reports to the Chief Brokerage Officer.

Prior to joining E*TRADE in 2000, Mr. Kraut served as vice president of Fidelity’s Powerstreet online brokerage unit, where he was responsible for partnerships and business development in e-commerce, content, and portal relationships. Before that, Mr. Kraut was responsible for the transaction and customer service portions of Fidelity.com

Mr. Kraut has also served in senior marketing and sales positions in several startups in the U.S. and Europe, most recently as founder and president of MarketAnalyst.com, a startup developing Internet-based investment management systems, which was sold to Intuit in 1997.

Mr. Kraut received a Bachelor of Science degree in electrical engineering from Cornell University in 1985 and an MBA from the MIT Sloan School of Management in 1992.

Aiden Langley, Deloitte & Touche

Aidan is a partner in the Employer Solutions practice of Deloitte & Touche, based in London. He has 16 years’ experience of global equity planning work. Aidan’s services include plan design, tax and legal compliance, corporate and personal tax planning, and assistance with local approvals and filings. He has published three books on employee compensation issues and regularly speaks at conferences on both sides of the Atlantic.

He actively contributes to the NASPP on-line discussion forum, and moderates an internet discussion group on fiscal policy towards employee share ownership. Aidan has a Master’s degree in law from the University of Oxford. He is a solicitor and a Fellow of the Institute of Taxation.

Special Interests / Experience:

• Global equity participation plans
• Corporate finance and investor relations aspects of employee share ownership
• Use of technology to achieve operating efficiencies in share plan advice
  
  

Aged 55, born in Germany, Father of three, grandfather of two. Residing in Israel since 1948. Degrees in Law. Business Administration, Middle East History, Geography. Former Director general of one of the largest municipalities in Israel. High-ranking officer in the IDF. Served for four years as Counselor in the Israeli Embassy in South Africa.

Head of law firm practicing Hi-Tech, Banking, Taxation, Real Estate, and Labor. Lavee Law Office specializes in tax consultation, financial aspects of equity incentive plans, design and implementation of global equity incentive programs. Lavee Law Office has extensive experience with issues related to global plans including M&A (hostile and not hostile, liquidations and spin-off.) and business transactions. Lavee Law Office advises corporate clients on development, implementation and administration of equity compensation and incentive programs for private companies going public. Lavee Law Office support and facilitate exercises of stock option as executive services.

Mr. Lavee has served as a member of the Tax Reform Committee. He is author of professional law articles mainly in connection of Hi-Tech, stock options and executive compensation. Mr. Lavee is the writer the book only Hebrew text book about "Employee Stock Options", which was published by the Israeli Bar. Mr. Lavee is a frequent speaker and lecturer for professional organizations and private one in connection to stock option and executive compensation. Mr. Lavee is member of professional organizations and he is the head of the Israeli Forum of Employee Stock Options.

Mark specialises in the administration of both local and global stock plans. He is also jointly responsible for the development of new business in Abacus' Jersey and Edinburgh offices. Mark joined Abacus Corporate Services at its inception in 1996 and in that time has helped it grow from 6 to over 100 staff today.

Mark has a BSc (Hons) Degree from Leeds Metropolitan University and was admitted as an Associate of the UK Institute of Chartered Secretaries and Administrators in 1998.

Jeff Lees is a member of GEO and the Asia Pacific regional coordinator of the Law Firm Network, a founding corporate sponsor of GEO.

Jeff presented at the GEO annual conference 2000 on implementing global employee plans in Australia and New Zealand. Jeff recently submitted and article to GEO on taxation of options in Australia.

Jeff Lees has extensive experience in advising upon and implementing employee share plans and employee share option plans in Australia. He advises upon the corporate and tax implications of introducing employee share plans and option plans for both resident and non-resident corporate entities.

Deborah Luby, PricewaterhouseCoopers LLP

Deborah is a Director in the PricewaterhouseCoopers’ Global Human Resource Solutions group in San Francisco, CA. She joined the firm in March of 2001 and specializes in international equity-based compensation planning. Deborah has worked extensively in the areas of global stock option, restricted stock and stock purchase planning; US equity-based planning, and other merger and acquisition issues related to employee stock options. Deborah's client responsibilities include multinational corporations and private high-tech companies.

Deborah holds a B.B.A. in accounting from Texas A&M University and a Juris Doctorate with honors from St. Mary's University School of Law. Deborah is also a Certified Public Accountant.

Sue Mannion- VP, Marketing & Communications, Citigroup International Stock Plan Services Sue is the Marketing and Communications Director for International Stock Plan Services at Citigroup. Her primary responsibilities include working with companies to develop and execute plan communication programs and managing the group's general marketing and internal communications. Since joining Salomon Smith Barney in 1994, she has held various roles related to stock plan and retirement plan administration and marketing with a focus on employee communications programs. She has developed a variety of employee and corporate communications across a range of media including print, video, seminars, internet and other electronic communications, and interactive presentation systems. She also is responsible for the group's advertising, PR and promotional activities. Sue is actively involved with the Global Equity Organization, serving as the New York Chapter President. Sue is also involved with the European Center for Employee Ownership (ECEO), where she recently participated in a panel on global employee communications. She received her BA in English and French from James Madison University.

Richard joined ProShare in 2000. Prior to this he was the national sales manager at a major Sharesave provider, the Nationwide Building Society. He has worked in the share plans industry for over 12 years and during that time he has built up a wealth of knowledge and contacts. Initially, he was appointed as Head of Employee Share Ownership but his remit has now been widened and as Head of Sales & Sponsorship, he has responsibility for building and developing relationships between ProShare and its corporate sponsors. Richard is also on the advisory council of the Global Equity Organisation.

Nigel Mason has been involved in the share plan industry for 15 years, as a business founder, adviser and service provider. He is Director of Employee Share Plans at Lloyds TSB Registrars, the largest registrar and administrator of employee share plans in Europe. In this role, he is responsible for product development and business development, for domestic and international share plans.

Prior to this, he was founder and CEO of Myshares, a venture capital backed company specialising in administration software for employee share plans, which was acquired by Capita Group plc, a FTSE-100 outsourcing company, in 2001.

Myshares was a spin-of from Capital Strategies, a corporate finance and share plan consultancy which Nigel founded in 1992, and which trades today as a pure corporate finance house, having sold its share plan business to Equity Incentives in 2001.

Nigel was a member of the UK Government’s Advisory Group that contributed to the design of the UK Share Incentive Plan and Enterprise Management Incentive Plan. He is a board member of GEO and a member of the Share Schemes Advanced Studies Group, NASPP and NCEO. He is a director of the European Employee Ownership Centre and of Baxi Partnership, a venture capital fund that invests in employee-owned businesses.

He graduated from The University of Hull with a First Class degree in Computer Science in 1998 and worked initially on video game development before moving to the “business” software world where he specialised in developing retail, telecoms and eProcurement systems. He joined Howells Associates in 2002.

Nick’s technical interests include object-oriented analysis and design, Java programming, software engineering, XML, databases and distributed systems and, more recently, global share schemes. With Peter Howells he was part of the specialist group who worked on development of the current International XML Standard for Stock Plans.

Nick is married and both he and his wife have the rank of Black Belt 2nd Dan in Karate.

Sean is a member of Ernst & Young’s Global Equity Services practice, where he has consulted with a wide range of both listed and private companies on incentive compensation programs for over twelve years. He has broad experience with tax, legal, accounting, and administrative issues that affect the design, operation, and communication of equity incentive programs. His experience includes the design and implementation of executive and broad-based stock option plans, employee share purchase plans, restricted stock awards, and deferred bonus arrangements in over 40 countries. Sean is also an attorney and a member of the bar in the US, and has worked with companies on global regulatory issues effecting compensation programs, in conjunction with Ernst & Young’s global law network. He has published several articles and spoken at seminars and conferences in the US on global compensation and HR topics.

Garry is the Share Plan Services Manager at Yorkshire Building Society with responsibility for proactively managing service quality, through continuous improvement of systems and processes and dedicated teams.

Garry has 11 years share plan experience and has worked with a large number of FTSE companies implementing solutions for share plan administration. Garry's aptitude for problem solving and innovative use of technology means that his 'nothing is impossible' approach to clients needs, delivers timely solutions to even the most complex events.

Angela is a strategic communicator with broad experience in the facilitation of cross-cultural teams and a background in education and training. Her recent experience includes leading a number of award-winning global communication projects with blue chip clients, including the 2002 GEO winner of 'Best Communications', BP. She helps clients to achieve the benefits of organisational initiatives by articulating and communicating the links to the business strategy and by helping teams and individuals understand and overcome the barriers to effective communication. Her experience covers communication in times of organisational change, reward and benefits communication and employment brand.

Xavier Monfort is a senior lawyer in the Clifford Chance tax group in Paris, specialising in employee share plans and stock options. He has advised large French multinational companies on the launch and operation of international employee share offers, including plans with a leveraged effect and a guaranteed return for the employee. Xavier has also particular experience in advising French or foreign multinational groups on the implementation of stock option plans for their French employees.

Alan Nadel, Ernst & Young

Alan is a Partner in the Human Capital practice of Ernst & Young LLP in New York. He serves a diverse range of clients, advising on matters relating to executive and board of directors compensation, employee benefits, retirement benefit programs, and income and estate planning.

Alan is a frequent speaker before professional and industry groups and has been quoted in numerous publications and newspapers. His book, Accounting for Equity Compensation, has recently been published. Also, he is a co-author of the Employee Benefits Handbook and The Stock Options Book. Alan is a Certified Public Accountant and a former chairman of the Employee Benefits Committee for the New York State Society of Certified Public Accountants.

Alan has 32 years of experience in compensation, benefits and tax planning. Before joining Ernst & Young, he was a partner in another accounting firm and was a principal with an actuarial and benefits consulting firm. Previously he was with the Internal Revenue Service. He holds graduate degrees in Actuarial Science from New York University and in Taxation from Bernard Baruch College, and an undergraduate degree in Mathematics from John Carroll University.

After graduating from the College of Law in 1995, Lisa worked as a company secretarial assistant, most recently at Psion PLC, where she became involved in the administration and communication of share option plans. She has administered company share option plans in-house, using Rolls (now OPTIONSmanager) software, and managed the relationships with third party share save carriers and profit share trustees. She was responsible for the communication of complex share plan issues to employees in the UK and overseas, giving presentations and writing explanatory literature.

Lisa joined myshares in October 2001, since which time she has taken on the role of Customer Account Manager. Having helped test the OPTIONSmanager software, Lisa now plays a leading role in shaping the development of myshares’ products, being the key liaison between the company’s existing client base and the team of developers. She has extensive knowledge of all types of UK share plans from both an administrative and theoretical perspective.

Maoilíosa Ó Cúlacháin has been the eircom ESOP Manager since Apr 1998, when he led the establishment and implementation of the ESOP. As company secretary to the eircom ESOP Trustee, he advises and supports the trustee and manages the day-to-day business of the ESOP. There are currently 14,550 participants in the eircom ESOP and through a highly leveraged transaction holds nearly 30% of corporate stock. The ESOP trustee has negotiated significant corporate governance rights and nominates two directors to the board, including the Vice Chairman. Prior to his role as ESOP Trustee, Maoilíosa was a HR manager in Eircom where he had a significant input into the design, structure and financing of the ESOP.

Prior to joining eircom, Maoilíosa was a consultant with PricewaterhouseCoopers (formerly Coopers & Lybrand) in London from Jul 1989 to Jan 1997, where he worked in personal tax, employment law, profit-related pay, employee share schemes and HR consultancy. A barrister by qualification, he is a member of Lincoln’s Inn, London. Before moving to London, he served as an officer in the Irish Army for seven years, including a six month tour with the UN in the Lebanon in 1987.

He was the Chairman of the Irish Pro Share Association (IPSA) from 2000 to 2003, and remains an active member of the Council.

Dave Peterson, Senior Manager at KPMG Paris, advises clients on the corporate and individual tax implications of cross-border transferrees, with a particular emphasis on equity and deferred compensation. Prior to moving toParisin 1995, Dave worked in the Chicago and Washington National Tax offices of KPMG. Dave has a BS in accountancy from theUniversityofIllinoisand is a CPA.

Geoff has over 12 years of specialist consulting experience in the employee share, option and strategic reward design areas. Geoff has worked for many major public companies in developing and implementing their employee share plan strategy, including AMP, Suncorp Metway, Onesteel, Aurion Gold, Alinta Gas and ANZ.

Geoff was the Co Founder and Managing Director of the Plan Managers business in October 1998, as the first provider of complete fully outsourced share plan management and administration services. Following the acquisition and re-branding of the business by Computershare for $18 million in April 2001, Geoff has continued to drive its growth to over 60 corportate clients in respect of 75,000 employee participants in share plans on the fully outsourced, valued added service platform. He leads a specialist team of over 35 dedicated share plan management professionals. He currently acts as a share plan trustee director for over 100 employee share plan trusts, and supervises their compliance for clients.

Prior to founding the Plan Managers business, Geoff’s experience included 3 years managing and redesigning Westpac’s entire executive remuneration policy and implementation management. During his term with Westpac, Geoff also managed the introduction of the novated lease to the 6,000 Westpac Packaged Managers and design and implementation of the $1000 Qualifying Exempt Share Plan to 30,000 eligible Westpac employees. In addition, Geoff redesigned and managed the executive package arrangements for the top 65 General Managers, including the Westpac Option Plan, personal risk policies and personal super fund arrangements.

Geoff has professionally advised the Howard Government on policy and regulatory issues affecting the further development of employee share plans in Australia. He is currently a founding member of the Employee Ownership Group, which is currently working with Federal Cabinet members on policy improvements for employee share plans.

Geoff has written several professional publications on employee share plans, including the ACTU publication “Employee Share Plans: Handle With Care”, and the first comprehensive empirical study in Australia on share plan types, incidence, purpose and performance impacts.

Geoff has also served as the Chairman of the Taxation Committee of the Australian Employee Ownership Association (AEOA), and an elected member of the AEOA Management Committee.

Lou Rorimer – Attorney, Jones Day (US). Lou Rorimer practices in the areas of corporate and securities law and concentrates in equity compensation arrangements. He counsels individuals and corporations with respect to a wide variety of U.S. and international compensation arrangements both for executives and broad groups of employees. He is also experienced in restrictions on insider trading under the U.S. federal securities laws. Lou is the author of International Stock Plans, a two-volume practitioner's guide to exporting employee equity. He is a member of the advisory board of the Federal Regulation of Securities Committee of the Business Law Section of the American Bar Association and former chair of its Subcommittee on Employee Benefits, Executive Compensation and Section 16. He served as project chair for the report prepared by members of the subcommittee entitled "International Employee Stock Plans and the Federal Securities Laws." He also serves as a member of the executive board of the National Association of Stock Plan Professionals.

Ken Rushton joined ICI in 1968 after graduating in law from Trinity College, Dublin. After a career in the company secretarial function of many of ICI’s Divisions in the UK, he was appointed Company Secretary in 1996. He took early retirement at the end of 1999 to take up the position of Director of the Institute of Business Ethics. In August 2001 he was appointed to the Financial Services Authority as Director of Listing.

Ken was formerly a member of the Listing Rules Committee and the DTI’s Company Law Review Consultative Committee. He was also a member of the CBI Companies Committee and the OECD Task Force on Corporate Governance.

Sally is well known in the employee share ownership profession. She speaks regularly on this subject at conferences and seminars and her opinions are sought from government bodies when formulating policy. She worked closely with the Inland Revenue and HM Treasury on the development of the Share Incentive Plan (SIP), and has recently been involved in a European initiative looking at the harmonisation of tax treatment for share plans.

Carol Rutlen, Global Focus

Carol Rutlen is the co-founder and President/CEO of ExpatEdge, a software company that provides web-based tools to help HR support the unique needs of international assignees. Prior to starting her own business, Carol was a partner with PricewaterhouseCoopers and was the partner-in-charge of their global stock practice and the International Assignment Services practice in northern California.

Carol is a CPA and has more than twenty-five years of experience with extensive concentration in tax and human resource issues associated with international tax, human resource, and global stock plans. She specializes in global stock plan issues such as process improvement, risk management, and employee communications. She has helped companies with various expatriate programs face challenges such as streamlining the administrative process, reducing tax costs, increasing effectiveness of assignee communication, and implementing new policies.

Carol is also a member of the American Institute of CPAs, California Society of CPAs, the National Association of Stock Plan Professionals, Global Equity Organization, the Western International Personnel Association, the NewCEOClub, and the Forum for Women Entrepreneurs. She is listed in various Who’s Who registries. She is also a frequent speaker and has published numerous articles on international tax, global incentive stock plans, tax planning, and compensation benefits.

Jim Ryan is the Partner is Charge of the Ernst & Young Human Capital practice in Dublin, Ireland. He has over 15 years experience in personal tax and employment solutions.

Jim is an Executive Council Member of the Irish Profit Sharing Association and a Council Member of the Institute of Taxation in Ireland. He is an economics graduate from University College Dublin and holds management qualifications in Accounting and Finance.

Wipro Technologies(WIT) is listed in New York Stock Exchange and is one of the leading IT Services companies globally having its offices in 28 countries with a Global workforce of over 12000.

Bijay is responsible Globally for Talent Strategy, Talent Engagement and Development Processes, Merger and integration of people, change management, organization culture building and Compensation and Benefits including stock options and sales incentives. He leads a team of 45 talented professionals globally. We have over 2000 people in US and 1000 people in Europe working for the company. Wipro Technologies has been known to be one of the most innovative companies in HR processes more specifically in the areas of Compensation & benefits.

Prior to joining Wipro, Bijay worked as a Principal in PricewaterhouseCoopers and was responsible for HRM consulting as a part of Management Consulting in India. He has over 15 years of professional experience in HR as a consultant and practicing HR manager apart from working as a director on the board of Wipro Spectramind, an ITES company with over 3800 people. He can bring in both theoretical and practical perspective of the recent issues in the areas of Compensation and Benefits including Employee Stock Options.

Vice President of Smith BarneyÕs International Stock Plan Services division which manages stock administration for over 1,000+ clients worldwide, Caryn has specialised in the International Stock Plan field for the past 14 years. Her current role includes managing the co-ordination and project management of International sales and implementation programs for Smith Barney.

Previously employed by ICSA Software Limited, a subsidiary of the Institute of Chartered Secretaries and Administrators (the world-wide certification for Chartered Secretaries) and myshares Limited, CarynÕs expertise has scaled training, consultancy, implementation and sales of one of the UKÕs leading Share Administration applications.

An extensive speaker on International and UK Share Plan Conferences, Caryn frequently contributes to ESOP Centre, ProShare, ICSA and Global Equity Organisation events. In addition Caryn was actively involved as a Focus Group member for the advisory design and launch of the SIP plan in the UK.

Qualifications include: Economics, Law and Communications through Advanced Sales Management and Marketing Certifications.

Carine Schneider, PricewaterhouseCoopers (US)

Carine Schneider is a Partner with PricewaterhouseCoopers in the Total Compensation practice, focusing on stock plan design, implementation and administration.

Prior to joining PricewaterhouseCoopers, Carine was the Leader of the Global Stock Plan Services group at Watson Wyatt Worldwide. Carine was also with Salomon Smith Barney where she assisted companies such as Bank of America, Microsoft, Ford and Westinghouse. Prior to Smith Barney she was the founding Executive Director of the National Association of Stock Plan Professionals (NASPP). The NASPP currently has over 7,000 members with 32 chapters and is designed to provide stock plan professionals educational and networking opportunities and increase the professional standing of stock plan professionals. Prior to creating the NASPP, Carine was the Director of Customer Services for Corporate Management Solutions (now Transcentive) and was the Manager of Shareholder Relations at Oracle Corporation where she assisted in the initial public offering and managed all aspects of the company's various stock plans.

In 1999, Ms. Schneider was the co-founder of the Global Equity Organization (GEO), a worldwide non-profit organization that provides information to members on global stock plan design, administration and legal matters. She currently serves as the Chairperson of the Board of Directors. PricewaterhouseCoopers is a founding corporate sponsor. Carine has published numerous articles and chapters in industry publications.

Ms. Schneider was born in The Netherlands and speaks Dutch as well as English. She received her degree in Psychology and Sociology from the University of California, Santa Cruz. She is a member of the Advisory Board for the Santa Clara University Equity Professionals Certification Program. She is a member of GEO, NASPP, NCEO and the European Center of Employee Ownership. In addition, she is an invited member of the Advanced Share Studies Group in the United Kingdom. While at Smith Barney, she was registered Series 7 and Series 63.

Carl Sjostrom, Deloitte & Touche

Carl Sjostrom is a Partner in Deloitte & Touche’s UK Executive Compensation Consulting practice and he specialises in advising FTSE-100 and FTSE-250 company boards on the review, design and implementation of incentive plans and global reward strategies. Carl was previously with Andersen in the UK and McLagan Partners in the UK, the US and Hong Kong.

Carl holds undergraduate, master and doctorate business degrees from the universities of Buckingham and Oxford and lectures frequently on the subject of compensation strategy and related issues.

Martin Somelofske, Deloitte & Touche

Martin Somelofske is the national practice leader and partner for the human capital advisory services and compensation consulting group for Deloitte & Touche. He has more than 15 years of consulting experience, primarily in areas of executive compensation, management incentives and salary management.

Somelofske holds an A.B. degree in economics, cum laude, from Georgetown University, a J.D. degree from Albany Law School of Union University and a master’s in business administration with a concentration in finance from the University of Michigan.

Roger’s practice focuses on designing, reviewing and implementing a wide range of benefit and compensation programs structured to suit emerging growth companies as well as other manufacturing and service businesses. Prominent clients that Roger counsels include Hewlett-Packard, Agilent Technologies, KLA-Tencor, Brocade Communications, TIBCO Software, Networks Associates, Actel, Cargill, Polycom, Linear Technology, Cypress Semiconductor, MicroChip Technology, Juniper Networks, Apple Computer, Plantronics and Overture. Roger has also represented numerous prominent CEOs in negotiating their employment agreements. Roger is currently a member of the Committee on Employee Benefits of the American Bar Association Section of Taxation. In addition, he is a member of the Editorial Advisory Board of the Journal of Employee Ownership, Law and Finance and is secretary of Plugged-In: Learning Through Technology, a pro bono client of the firm that operates community technology resource centers in East Palo Alto, California.

Roger received his J.D. from the University of Chicago Law School in 1989, where he was a Bradley Fellow in Legal History.

Prior to establishing Group Five, Mr. Sunday was Chief Quality Officer with the First Chicago National Bank Corporation of New York, where he developed and implemented the first quality management system in the registry services industry. Prior to his work at First Chicago, Jack was a Quality Director with AT&T’s centralized Information Technology Division.

Mr. Sunday earned his M.B.A from George Washington University and a B.S. from the University of South Carolina.

Joanne Sutton is the ACIS (qualified Chartered Secretary) and has been at Smith & Nephew plc for 3 1/2 years. Ms. Sutton is the Assistant Company Secretary. Previously, shewas at GKN plc in another Company Secretarial role.

Ashok has been with Pershing Securities Limited for 7 years and has been in the Stockbroking industry for 13 years. Through his time at Pershing, Ashok has progressed his career to Vice President of Pershing Broker Services. Ashok has operational responsibilities for Share Trading, Client Service Administration, Nominee, Credit Control and of course trading after share option exercise.

Ashok joined Pershing Securities as a Corporate Action clerk and spent 4 years working within the back office settlement and clearing operations and has now been working with his current Director, to build the execution only trading business which has become an integral part and growth area for Pershing Securities.

Craig regularly works with multinational companies on the design, implementation and regulatory compliance for global salary and bonus programs, as well as equity-based compensation programs such as stock options, stock purchase rights, restricted stock, phantom stock and stock appreciation rights. With regard to these programs, Craig advises clients on the tax, social insurance, securities, currency exchange, employment, data privacy and communications issues that the companies encounter when offering these programs to employees, directors and consultants throughout the world.

Kevin Thompson Clifford Chance

Kevin Thompson is a partner in Clifford Chance's Employee Benefits Group in London specialising in employee incentive arrangements, employee tax advice and social security planning. He has 15 years' experience of advising on UK and international share plans, including option plans, long term incentive plans and employee trusts. Kevin is a member of the Company Law and Accounts Committee of the UK Share Scheme Lawyers Group and is also a member of the Management Committee of the UK Employee Share Ownership Centre.

Ms. Toy speaks frequently at GEO, NASPP and User Group meetings/conferences. She currently serves as co-chair for the Northern California GEO Chapter. She sat on the GEO Board from 1998 to 2002. And she was also the 1996 President of the NASPP Silicon Valley Chapter.

Sean Trotman has over ten years of global compensation and tax experience. Sean specializes in the design and implementation of global equity participation programs and has helped many of the world’s leading companies develop practical solutions to the tax, administration and human resource challenges that operation of a global equity program presents.

Sean has developed a particular expertise in helping companies undergoing corporate reorganizations (in particular mergers and spin-offs) develop strategies to mitigate the effects that such reorganizations have on a company’s compensation and benefits programs.

Sean is a member of a number of professional organizations (including Global Equity Organization, National Association of Stock Plan Professionals and National Foreign Trade Council) and is a frequent speaker on global compensation issues.

Wayne Tunney, FCA (B.Sc., B.Comm.), is the Partner-in-Charge of KPMG Canada’s National Tax Centre located in Toronto, Canada. In addition to advising some of the Firm’s largest clients over the past twenty-five years, Wayne lectures at the Canadian Institute of Chartered Accountants In-Depth Tax Course and is a former Governor of the Canadian Tax Foundation. Wayne has written numerous research papers on various Canadian tax issues; most recently delivering a paper at the 2002 Canadian Tax Foundation Annual Conference entitled “Stock Options – The Solution or the Problem”.

Richard Turnill, a Managing Director, was educated at Churchill College, Cambridge University, England. After working in the International Division of the Bank of England as an economic advisor, he joined the Global Economics Team of a Paribas Capital Markets in London. He joined Merrill Lynch Investment Managers in 1996 as the Group Economist. In 1999 Richard became a member of MLIM's Central Strategy Group, helping to determine house views on asset allocation, and in 2001 he became Head of Asset Allocation and Economics.

Matt speaks frequently around the country, is quoted extensively, and has published writings on a variety of key compensation subjects. He was on the Technical Steering Committee of the Coalition for American Equity Expansion, which successfully opposed rule changes proposed by the Financial Accounting Standards Board (FASB) for stock compensation plans. Matt testified at FASB’s hearings on stock compensation accounting and participated in roundtable discussions aimed at resolving the stock option valuation dilemma posed by FASB’s proposed standards. Matt is on the Advisory Board of the National Association of Stock Plan Professionals and teaches finance, accounting, and introductory and advanced courses in executive compensation for the American Compensation Association.

Before co-founding WestWard Pay Strategies, Matt served as Executive Compensation Practice Leader for Watson Wyatt Worldwide in the Western Region. Matt also served on Watson Wyatt’s national Compensation Practice Committee and Executive Compensation Practice Subcommittee. Previously, Matt was an executive compensation consultant with Frederic W. Cook & Co., Inc., and wrote many of the technical papers published by the Cook organization during his tenure. Before becoming an executive compensation consultant, Matt was in private law practice in Chicago, worked in international tax at Peat Marwick, and was an associate at the Chicago law firm of Chapman & Cutler.

Matt graduated magna cum laude with a bachelor’s degree emphasizing accounting and finance from DePaul University. He received a law degree from the University of Utah, where he was a William H. Leary Scholar and member of the Utah Law Review.

Sylvie Watts is a partner at Allen & Overy specialising in employee incentives and executive remuneration. Based in London, she acts for companies (both publicly listed and private) on all aspects of employee share incentives, including the design aspects, shareholder communication of these arrangements and their tax and cost implication. She has wide experience of advising in connection with flotations, mergers and acquisitions and has acted for UK and non-UK companies extending their employee share plans internationally. Sylvie is a regular speaker at conferences and has published various articles on employee share incentives. She is a member of the UK Share Schemes Lawyers Group.

Martin qualified as an English solicitor in 1983 having studied law at Cambridge University. He qualified as a Chartered Tax Adviser with the Chartered Institute of Taxation in 1986.

Martin has over 16 years experience of employee share plans, advising a wide variety of clients on both the tax and corporate aspects of share incentives for employees. He also practises in the corporate field, specialising in corporate finance, governance issues and mergers and acquisitions, and acts for both quoted companies and growing private companies. He is the author of the chapter on the Financial Services and Markets Act 2000 in Employee Share Schemes (Sweet & Maxwell) and has been recognised in Chambers Directory as a leader in corporate finance work.

Ryan Weeden, CEP is the Executive Director of the Global Equity Organization (GEO). He has six years of experience in the equity compensation field working previously at the National Center for Employee Ownership (NCEO) co-directing the Center’s stock option and international equity compensation activities. Ryan holds a masters degree from the University of Wisconsin – Madison and is a Certified Equity Professional (CEP). He is the author and co-author of five books on employee ownership and equity compensation and is a frequent speaker nationally and internationally on the topic.

Christina is an associate in the tax department at the Birmingham office of Pinsents. She advises listed and private companies on share incentive arrangements for their senior executives and employees. She has worked extensively with clients (including multinationals) to export and import share plans. This involves structuring such plans to facilitate tax concessions for both employer and employee and to take account of local securities, exchange control and employment issues as appropriate. A recent project includes advising a UK multinational on the extension of its sharesave and phantom plans to 18 countries – all to a timescale of just 2 months and to a strict budget!

Christina is a member of the Share Scheme Lawyers Group and the Association of Taxation Technicians. She speaks Chinese, Malay and some French. Later this year, she will be spending 3 months on secondment to Paris.